BNY Mellon High Yield ETF (BKHY)
BNY Mellon High Yield ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $47.31, up 0.05% on the session, giving a market capitalisation of $387.0M. Its beta of 0.64 implies it has historically moved less than the broad market.
BNY Mellon ETF Trust - BNY Mellon High Yield ETF is an exchange traded fund launched and managed by BNY Mellon ETF Investment Adviser, LLC. The fund is co-managed by Insight North America LLC. It invests in the fixed income markets of the United States. The fund primarily invests directly, through derivatives and through other funds in U.S. dollar-denominated, high yield, fixed-rate, taxable corporate bond that are rated Ba1, BB+, BB+ or below by Moody’s, S&P and Fitch respectively. The fund seeks to invest in securities with at least one year until final maturity. The fund seeks to benchmark the performance of its portfolio against the Bloomberg US Corporate High Yield Total Return Index and the Bloomberg US Universal Index. The fund employs proprietary research to create its portfolio. BNY Mellon ETF Trust - BNY Mellon High Yield ETF was formed on April 22, 2020 and is domiciled in the United States.
BNY Mellon High Yield ETF is most often compared with the following Financial Services names: